Report on the Visit of the China Petroleum and Chemical Industry Federation Delegation to the U.S. and Brazil¨C World Petrochemical Conference
2026-4-15
From March 25 to April 2, 2026, Vice President Fu Xiangsheng of the China Petroleum and Chemical Industry Federation (CPCIF) led a delegation to the United States and Brazil. During the visit, the delegation attended the 41st World Petrochemical Conference (WPC) held in Houston, visited multinational companies including ExxonMobil, Chevron Phillips Chemical, and Shell, conducted on-site investigations of local ports and petrochemical parks, and gained an in-depth understanding of the development of bioethanol and biomanufacturing in Brazil. It also held exchanges with representatives from institutions such as the Brazilian Petrochemical Association and the Brazilian Bioinnovation Association in São Paulo, Recife and other cities, exploring new paths for cooperation between China and Brazil¡¯s petrochemical industries under the frameworks of the Belt and Road Initiative and the BRICS Cooperation Mechanism.
The delegation participated in 17 in-depth activities throughout the visit, with a packed schedule, fruitful outcomes and a complete success. By telling the Chinese story of green and high-quality development of the chemical industry on an international platform, the delegation enhanced global understanding of China. The signing of cooperation agreements promoted collaboration between relevant institutions and companies, while strengthening insights into the operations of multinational corporations and international/non-governmental organizations, dynamics of the global petrochemical market, and conditions of Brazil¡¯s bioethanol market.
China Session
As always, the annual World Petrochemical Conference pays close attention to changes in the Chinese market, and a China Session was held again this year. Vice President Fu Xiangsheng introduced the industry¡¯s performance, systematically summarized the achievements of China¡¯s petrochemical industry during the 14th Five-Year Plan period, and provided an outlook for industry development in the 15th Five-Year Plan period.
Dr. Thomas Kloster, President of BASF Global Petrochemicals, shared BASF¡¯s growth alongside the Chinese market, highlighting the fully operational integrated Verbund site in Zhanjiang and demonstrating the strong attractiveness of the Chinese market. Secretary-General Pang Guanglian of the Foreign Investment Commission focused on progress and vision for the industry¡¯s green transition and sustainable development.
A roundtable discussion on High-Quality Development was held concurrently. Enterprises including Yanchang Petroleum, Kingfa Science and Technology, S&P Global and Weida Petrochemical held in-depth discussions focusing on integrated oil-gas-coal development, plastic circular economy, bio-based materials and ¡°going global¡±, striking a strong chord with the audience. Leveraging this high-profile platform, CPCIF shared the story of China¡¯s petrochemical industry¡¯s green transition and high-quality development with international peers, enabling the world to better understand China.
CPCIF has deeply engaged with the World Petrochemical Conference for 11 consecutive years. This not only reflects China¡¯s petrochemical industry¡¯s commitment to international dialogue and global integration, but has also become an important bridge for telling China¡¯s story to the world.
The delegation participated in 17 in-depth activities throughout the visit, with a packed schedule, fruitful outcomes and a complete success. By telling the Chinese story of green and high-quality development of the chemical industry on an international platform, the delegation enhanced global understanding of China. The signing of cooperation agreements promoted collaboration between relevant institutions and companies, while strengthening insights into the operations of multinational corporations and international/non-governmental organizations, dynamics of the global petrochemical market, and conditions of Brazil¡¯s bioethanol market.
China Session
As always, the annual World Petrochemical Conference pays close attention to changes in the Chinese market, and a China Session was held again this year. Vice President Fu Xiangsheng introduced the industry¡¯s performance, systematically summarized the achievements of China¡¯s petrochemical industry during the 14th Five-Year Plan period, and provided an outlook for industry development in the 15th Five-Year Plan period.
Dr. Thomas Kloster, President of BASF Global Petrochemicals, shared BASF¡¯s growth alongside the Chinese market, highlighting the fully operational integrated Verbund site in Zhanjiang and demonstrating the strong attractiveness of the Chinese market. Secretary-General Pang Guanglian of the Foreign Investment Commission focused on progress and vision for the industry¡¯s green transition and sustainable development.
A roundtable discussion on High-Quality Development was held concurrently. Enterprises including Yanchang Petroleum, Kingfa Science and Technology, S&P Global and Weida Petrochemical held in-depth discussions focusing on integrated oil-gas-coal development, plastic circular economy, bio-based materials and ¡°going global¡±, striking a strong chord with the audience. Leveraging this high-profile platform, CPCIF shared the story of China¡¯s petrochemical industry¡¯s green transition and high-quality development with international peers, enabling the world to better understand China.
CPCIF has deeply engaged with the World Petrochemical Conference for 11 consecutive years. This not only reflects China¡¯s petrochemical industry¡¯s commitment to international dialogue and global integration, but has also become an important bridge for telling China¡¯s story to the world.